IOST Network’s Token Surges Over 8% on Deal With Amazon Web Services

Amazon Web Services and IOST Network recently announced a partnership (AWS). A decentralised platform called IOST Network enables companies to create and roll out their own blockchain applications. In just one day following the announcement, the cost of IOST tokens increased by more than 8%. This demonstrates that the potential of the platform is valued by the market.

The vast resources and in-depth knowledge of AWS will be made available to IOST Network through this partnership in order to enhance the platform’s speed, scalability, and security.

IOST Network can enhance its infrastructure and operations with the aid of AWS, one of the top cloud computing service providers in the world.

IOST Network will transfer its current infrastructure to AWS as part of the partnership. This will enable it to utilise AWS’s cutting-edge tools and services, including its Lambda functions, Simple Storage Service (S3), and Elastic Compute Cloud (EC2) instances. AWS will also provide IOST Network with guidance on how to use these services to maximise their performance and scalability. This includes training, support, and advice.

Additionally, the partnership will assist IOST Network in attracting more companies and developers to its platform.

IOST Network can showcase its capabilities and increase its exposure in the market with the help of AWS, which has millions of active customers worldwide.

IOST Network’s partnership with AWS is significant for the platform because it demonstrates its dedication to providing top-notch blockchain solutions to companies around the globe.

The collaboration will assist IOST Network in developing its system, gaining more users, and realising its vision of becoming the leading blockchain application platform.

mermaid diagram 2023 03 02 162622

Conclusion

IOST Network and AWS’s partnership is significant for the platform because it will enable it to take advantage of AWS’s world-class infrastructure and services to increase its speed, scalability, and security. Additionally, the collaboration will assist IOST Network in attracting more companies and developers to its platform. As a result, IOST Network will become a dominant force in the blockchain sector.

Leave a Comment